-The Indian Express Time to take the bolder steps, bring FDI to small towns When the GDP falls below 7 per cent, we need to start worrying. When it is less than 6 per cent, we must treat it as a crisis situation. Growth models show that the robust investment rates already achieved, and twice the productivity growth achieved in the 1980s and ’90s, will get us 8 per cent growth. This...
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Petrol cheaper by Rs. 2.46, price may be slashed further
-The Hindustan Times Following a steep fall in global crude oil prices, the oil marketing companies have slashed petrol prices by Rs. 2.46 to Rs. 3.22 a litre — the second reduction this month — from Thursday midnight. Now, petrol in Delhi will cost Rs. 67.78 a litre — down by Rs. 2.46 — from Rs. 70.24 a litre. In Mumbai, the price will come down by Rs. 3.10 to Rs. 73.35...
More »Rain deficit: Jobs, farming, economy under a cloud-Zia Haq and Gaurav Choudhury
-PTI India’s monsoon, vital for Asia’s third-largest economy, has been 22% deficient till June 26, official data showed, adding to the government’s worries and prompting Prime Minister Manmohan Singh to consult key aides on measures to tone up the economy on Wednesday. In a revised forecast, the Met department predicted the rains would be 96% of the long-term average, lower than its April forecast of 99%. Rainfall is considered normal if...
More »Soil imbalance
-The Business Standard Lopsided fertiliser policy is damaging farm output Even as the indifferent monsoon is threatening to affect crop sowing in the current season, the recent spike in the prices of some fertilisers and related developments in the fertiliser sector are adding to disquiet over kharif production prospects. The government’s move to slash subsidies on non-urea fertilisers early this year, coupled with the rupee’s depreciation, has led fertiliser companies to substantially...
More »Jayalalithaa writes to PM over fertilizers-Sanjay Pinto
-NDTV Tamil Nadu Chief Minister J.Jayalalithaa has shot off yet another letter to the Prime Minister. In her latest communication, the AIADMK Chief has flagged concerns of farmers in the State over the "introduction of the Nutrient Based Subsidy Scheme (NBS) by the Government of India from the 1st April, 2010, coupled with an unreliable supply of fertilizers" that she feels is "threatening to deprive our farmers of their basic means...
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